Boeing reported a loss of $5.4 billion in Q3, affected by high costs related to the certification of the 777X model, although revenues increased by 30%.

Boeing announced a loss of $5.4 billion in the third quarter, mainly due to expenses of $4.9 billion generated by delays in the certification of the 777X aircraft. Although the company's revenues increased by 30%, reaching $23.3 billion due to higher deliveries of commercial airplanes, performance was affected by issues related to the 777X program, which has been postponed for commercial deliveries until 2027.

CEO Kelly Ortberg highlighted the recent approval of an increased production rate for the 737 MAX model as a sign of progress, but acknowledged that Boeing needs to continue efforts to rectify the situation after previous safety issues. Additionally, the company is facing a strike by employees and has begun recruiting replacements. Boeing's shares fell by 4.1% at the start of trading.